A Capital Opportunity MINING

Transcription

1 A Capital Opportunity MINING

2 Disclaimer This document is for information purposes only and is not an invitation to purchase securities listed on Toronto Stock Exchange or TSX Venture Exchange. TMX Group Inc. and its affiliates do not endorse or recommend any securities referenced in this document. Please seek professional advice to evaluate specific securities. While the information herein is collected and compiled with care, neither TMX Group Inc. nor any of its affiliated companies represents, warrants or guarantees the accuracy or the completeness of the information. You agree not to rely on the information contained herein for any trading, business or financial purpose. This information is provided with the express condition, to which by making use thereof you expressly consent, that no liability shall be incurred by TMX Group Inc. and/or any of its affiliates as a result of any errors or inaccuracies herein or any use or reliance upon this information TSX Inc. All rights reserved. Do not sell or modify without the prior written consent of TSX Inc. 2

3 Canada: Strong Fundamentals Economically stable Ranked #1 in Forbes annual review The Best Countries for Business World s soundest banking system* Lowest debt-to-gdp among G7 Strong equity culture Resource rich World s largest producer of zinc and uranium and major producer of gold, nickel, aluminum and lead * World Economic Forum, September

4 4. Service at All Stages of Growth Serving all Market Caps A Unique Market Structure with Strong Feeder System 522 graduates +109 M&A* 520 Issuers 2012 Issuers 509 Issuers Issuers 25 * Market Capitalization, September 30, 2011 *From January 1, 2000 September 30,

5 The World Lists on TSX and TSXV TSX and TSXV International Listings by Country/Region Total International Listings as at September = 343 TSX = 189 listings QMV=$136.2 B TSXV = 154 listings QMV= $3.9 B 5

6 The World Trades on TSX ~40% of daily trading originates from international brokers Toronto Stock Exchange Volume & Transactions ( ) Transactions CAGR 29% Volume CAGR 9% 6

7 Leading the Mining Sector

8 TSX and TSXV Lead the Mining Sector #1 in listed mining companies #1 in equity capital raised TSX and TSXV list the most mining companies in the world Value of Equity Financings 5-Year (2006 to 2010) Total = $218 billion 8

9 Why the Mining World Lists on TSX and TSXV 1. ACCESS TO CAPITAL 2. LIQUIDITY 3. DIVERSE ISSUER BASE 4. SERVICE AT ALL STAGES OF GROWTH 5. PARTNER WITH A GLOBAL LEADER 9

10 1. Access to Capital >80% Global Mining Equity Financing Trend YTD September (C$ Billions) of all global mining equity financings are done on TSX and TSXV 1/3 of the equity capital raised globally for mining Source: Gamah International, YTD September, compiled by Toronto Stock Exchange 10

11 2. Strong Liquidity for Mining Issuers Source: TSX/TSXV and LSE/AIM Info. Amounts are in C$Billions 11

12 3. Diversity in Issuer Base Number of Mining Companies by Stage of Project Exploration 1231 Advanced Exploration 771 Producer 226 Source: InfoMine as at November 23,

13 3. Diversity in Issuer Base Breakdown of TSX and TSXV Mining Issuers by Primary Metals Breakdown of TSX and TSXV Mining Projects by Location Source: Infomine 13

14 4. Service at All Stages of Growth Average Number of Analysts by Size of Mining Company Companies of all sizes receive analyst coverage Source: Capital IQ, September 30,

15 5. Partner with a Global Leader List with the Leaders $49.2B $40.4B $39.2B $23.6B $16.2B $15.1B $13.0B $12.2B $11.1B #1 in new mining listings globally #1 in new mining financings globally 15

16 The Leading Exchange for Mining Companies in Africa $1.8B Number of Mining Companies in Africa Number of African Mining Properties 9 Amount of Equity Capital Raised in 2010 for African Mining Projects Number of Countries in Africa Where TSX/TSXV Cos. are Mining UN Subregions of Africa Northern Africa Western Africa Central Africa Eastern Africa Southern Africa Number of New Mining Listings with Projects in Africa Unless otherwise noted, all numbers are as at October 31,

17 The Leading Exchange for Mining Companies in Africa Number of Companies Number of Properties Financing $ YTD Sept TSX and TSXV $793 M ASX $421 M LSE and AIM $551 M Source: Infomine, Gamah International YTD September

18 The Leading Exchange for Mining Companies in Africa 19 $793 M New Mining Listings with Projects in Africa TSX: Allana Potash Corp. (AAA) Aureus Mining Inc. (AUE) Azumah Resources Limited (AZR) Elemental Minerals Limited (ELM) Energizer Resources Inc. (EGZ) Lucara Diamond Corp. (LUC) Mawson West Ltd. (MWE) Namibia Rare Earths Inc. (NRE) Ratel Group Limited (RTG) TSXV: Castle Peak Mining (CAP) Ethiopian Potash Corp (FED) Galane Gold Ltd (GG) Mkango Resources Ltd (MKA) Montero Mining and Exploration Ltd (MON) Simba Gold Corp (SGD) Strike Gold Corp (SRK) Tigray Resources Inc (TIG) West African Iron Ore Corp (WAI) Zoolander Corporation (ZOO) Equity Capital Raised on TSX/TSXV for Companies with Projects in Africa YTD Sept Canaco Resources Inc: $180 M raised for gold in Tanzania Denison Mines Corp: $65 M raised for uranium in Zambia Lucara Diamond Corp: $60 M for diamonds in Lesotho and Botswana Banro Corp: $57M for gold in DRC Elemental Minerals Ltd: $53M for Potash in DRC Volta Resources Inc: $40M for gold in Burkina Faso Forbes and Manhattan Coal Corp: $36M for coal/uranium in South Africa Aureus Mining Inc: $35M for gold in Liberia, Cameroon and Sierra Leone Rockgate Capital Corp: $34M for copper/gold/moly in Mali Allana Potash Corp: $32M for potash in Ethiopia Namibia Rare Earths Inc: $25M for REE in Namibia Loncor Resources Inc: $20M for gold/platinum in DRC Merrex Resources: $10M for gold/zinc/base metals in Mali Avnel Gold Mining Ltd: $10M for gold in Mali Unless otherwise noted, all numbers are as at October 31, 2011 Financing data source: Gamah International 18

19 Key Global Mining Trends on Our Markets Increase in Gold Financings Increase in New Commodities Increase in New Players/M&A USA: Increase in Trading Flow UK/Europe: Increase in Dual Listings Africa: Increase in Equity Raised for African Projects Asia: Increase in Chinese Capital Latin America: 2010 was a Record Year for Capital Raised for Projects Increase in New Listings Australia: Increase in Dual Listings and Equity Raised Increase in Trading Flow 19

20 How to list on TSX and TSXV

21 Multiple Pathways to Listing CPC Capital Pool Company IPO Initial Public Offering SPAC Special Purpose Acquisition Corp. RTO Reverse Takeover/ Reverse Merger QT Qualifying Transaction/ Acquisition Dual or Interlisting 21

22 Specific Listing Criteria Technical Listing Requirements Minimum Property Ownership Management Track Record and Experience Sufficient Working Capital and/or Mine Life NI Report Exploration & Development or Producing Requirements 22

23 Why Dual List? Benefits of Dual Listing Access to significant capital and trading Improved home market valuations and trading liquidity Ability to put more mines into production Key Trends in Dual Listing Growing number of dual listed success stories Increased profiles Greater interaction between key mining exchanges 23

24 TSX and TSXV are Your Exchanges

25 TSX and TSXV Support Your Growth Support included in your listing TSX InfoSuite, access to the Institute of Corporate Directors, listed logo program, data, anonymous activity reports, all with dedicated personal support, workshops and more! Access to additional products and services Investor Relations, Visibility and Outreach Services, Research and Educational Support, Market Intelligence and more! Ongoing access to strategic partnerships MinesOnline.com 25

26 The Right Fundamentals for Growth + Dynamic Market Access to Equity Capital $54 Billion was raised on TSX and TSXV in 2010 Strong Liquidity 172 Billion shares were traded on TSX and TSXV in 2010, with a value of more than $1.4T Increased Visibility With more than 3,600 listed issuers, TSX and TSXV are first in North America for number of listed issuers 26

27 Contact our Business Development Team to learn more about your Capital Opportunity Mining Orlee Wertheim A Capital Opportunity MINING Technology Robert Peterman (416) Energy Cindy Gray Diversified Industries Justin Canivet China Edward Cheung United States Colleen Chambers International Toll Free Europe China North America